Arova Contemporary Ballet
EIN: 262833794 · Vestavia, AL · NTEE: A63
Is Arova Contemporary Ballet Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Arova Contemporary Ballet
Arova Contemporary Ballet (EIN: 262833794) is a nonprofit organization based in Vestavia, AL, classified under NTEE code A63. The organization reported total revenue of $59K and total assets of $10K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Arova Contemporary Ballet's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Arova Contemporary Ballet has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Arova Contemporary Ballet with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Arova Contemporary Ballet
Is Arova Contemporary Ballet a legitimate charity?
Based on AI analysis of IRS 990 filings, Arova Contemporary Ballet (EIN: 262833794) insufficient data. 0 red flags identified, 0 strengths noted.
How does Arova Contemporary Ballet spend its money?
Detailed spending breakdown data is not yet available for Arova Contemporary Ballet. Check back for updated IRS 990 analysis.
Are donations to Arova Contemporary Ballet tax-deductible?
Arova Contemporary Ballet is registered as a tax-exempt nonprofit (EIN: 262833794). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Arova Contemporary Ballet showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Arova Contemporary Ballet's revenue has grown by 61.3%, moving from $36K to $59K. Total assets increased by 889.4% over the same period, from $986 to $10K. Total functional expenses rose by 15%, from $46K to $53K. In its most recent filing year (2018), Arova Contemporary Ballet reported a surplus of $5K, with revenue exceeding expenses. The organization holds $265 in liabilities against $10K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $9K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2018 | $59K | $53K | $10K | $265 | — | View 990 |
| 2017 | $33K | $29K | $4K | $0 | — | View 990 |
| 2016 | $31K | $31K | $419 | $0 | — | View 990 |
| 2015 | $25K | $27K | $1K | $0 | — | View 990 |
| 2014 | $18K | $15K | $3K | $0 | — | View 990 |
| 2013 | $26K | $26K | $2K | $0 | — | View 990 |
| 2012 | $26K | $21K | $910 | $0 | — | View 990 |
| 2011 | $36K | $46K | $986 | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $59K, expenses of $53K, and assets of $10K (revenue +77.2% year-over-year).
- 2017: Revenue of $33K, expenses of $29K, and assets of $4K (revenue +8.3% year-over-year).
- 2016: Revenue of $31K, expenses of $31K, and assets of $419 (revenue +20.7% year-over-year).
- 2015: Revenue of $25K, expenses of $27K, and assets of $1K (revenue +43.8% year-over-year).
- 2014: Revenue of $18K, expenses of $15K, and assets of $3K (revenue -31.1% year-over-year).
- 2013: Revenue of $26K, expenses of $26K, and assets of $2K (revenue -1.1% year-over-year).
- 2012: Revenue of $26K, expenses of $21K, and assets of $910 (revenue -28.9% year-over-year).
- 2011: Revenue of $36K, expenses of $46K, and assets of $986.
Data Sources and Methodology
This transparency report for Arova Contemporary Ballet is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.